These 2 Cathie Wood Stocks Are Crashing After Earnings: Is It Time to Buy Them?
Popular investment manager Cathie Wood has been keen on DraftKings (NASDAQ: DKNG) and Roku (NASDAQ: ROKU) for a while now. The two are among the top holdings in at least one of her Ark Invest exchange-traded funds.
Unfortunately for Wood and their other shareholders, the two stocks both dove after the companies reported fourth-quarter earnings results last week. Let's look at what's driving these sell-offs, and attempt to determine whether they have created a smart buying opportunity for long-term investors.
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Source Fool.com